Russia Meets Its OPEC+ Target in May Amid Dirty Oil Crisis Bloomberg

Russiaas average daily oil output in May fell below its OPEC+ target for the first time this year after purchasers refused to take exports via Druzhba, the nationas key pipeline to Europe, because of contamination. The country rendered merely more than 47 million tons of crude oil and condensate in May, according to preliminary data from the Energy Ministryas CDU-TEK unit. That connotes a daily median of about 11.114 million barrels, which is 76,000 barrels a day below the cap for the nation defined under the OPEC+ bargain, Bloomberg computations indicate. More from Bloomberg.com: China Target FedEx in aWa…

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